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• IDENTIFICATION

1. The basic kind of stock that a corporation issue with its holder having the voting rights.

2. The cash distribution from corporate earnings to the shareholders.

3. The policy making body in a corporation and its members were elected during the stockholders' meeting..

4. Corporate stocks originally issued and later reacquired by the corporation but not for cancellation.

5. The costs incurred by a corporation prior to its normal business operation.

6. The amount of net income that a corporation realizes for every outstanding share of common stock.

7. The required minimum paid-up capital for an authorized capital stock of P600,000.

8. Based on the above, the required amount for the total subscribed capital stock.

9. Is a class of stock having preferences over the common stock such as dividend distribution.

10. With a total authorized stock of 100,000 shares at par value of P20, the minimum required paid-up capital.

11. A business organization having an artificial being and has the right of succession.

12. Accumulated losses incurred by a corporation due to unsuccessful business ventures.

13. Shares issued with payment received from shareholders below the par value.

14. The maximum shares that may be issued as stated in the document submitted to SEC.

15. Corporate shares issued and used as the basis in recognizing interest held in an election.

16. Represents accumulated profits within the corporation' life time and decreased by any

losses, distributed earnings and any restriction for specific purpose.

17. The amount of corporate lifetime' earnings restricted for a particular purpose.

18. A proportionate distribution of earnings by a corporation in the form of shares of stock.

19. A distribution to shareholders representing a return of a portion of corporate conrtibuted capital.

20. Two important dates in dividends declaration are the date of declaration and __.

21. Account title used by corporation for shareholders' capital payment for no-par shares.

22. The person willing to pay, for the least number of shares, the full amount of unpaid subscription

including interest and the other cost during the public auction of delinquent stocks.

23. Aggregate of the par value issued and subscribed shares contributed by shareholders

and the law prohibits the distribution of the same to shareholders.

24. Account representing payment received for shares issued that were above the par value.

25. A document filed with SEC that provides for internal administration of the corporation.